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India Raises MSPs for Rabi Crops to Boost Crop Diversification

Guavy AI Editorial Team
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Wheat
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The Indian government has raised the Minimum Support Price (MSP) for wheat by Rs. 25 to Rs. 2,610 per quintal for the 2027-28 rabi marketing season.

This represents a less than 1% increase from the previous season's MSP of Rs. 2,585 per quintal.

The government has also announced larger hikes for pulses and oilseeds, with safflower seeing an increase of Rs. 675 per quintal, taking its MSP to Rs. 7,215.

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the increase in MSPs for all mandated rabi crops for the 2027-28 marketing season.

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